When deciding whether or not to sell their home, many homeowners are faced with the question “should i make repairs first or not?”. There are pros and cons to both options, so it’s important to weigh them carefully before deciding.
Pros
- Quicker sale. If the repairs needed are significant, it can take a long time to find a buyer willing to pay the asking price. By selling as-is, you may be able to sell the house more quickly and move on with your life.
- Save money on repairs. Depending on the extent of the damage, making the necessary repairs can be expensive. As-is home sale means you won’t have to spend any money on repairs.
- Instant Cash. Avoiding the repair process also generally means you’ll be able to get cash for your home much faster as you won’t have to go through the inspection and appraisal process that’s required for most conventional loans.
Cons
- Lower sales price. If the repairs needed are significant, buyers will likely be willing to pay less for an as-is home. That is because they will need to factor in the cost of repairs when making their offer.
- More difficult to find a buyer. Because there are fewer buyers who are willing to purchase an as-is home, it may take longer to find a buyer willing to pay your asking price.
- Not Sure if making repairs is worth it. When deciding whether or not to sell their home, many homeowners are faced with the question of whether to sell as is or make repairs first. There are pros and cons to both options, so it’s important to weigh them carefully before deciding.
A Home Buying Company Can Buy Your Home Instantly
If you need to sell your house as-is for cash and don’t want to go through the hassle or delays of listing with a real estate agent, look for a reliable home buying company that buys as-is houses. A professional home buying company will make you a fair, all-cash offer on your house as-is and close on the date of your choice. You won’t have to make any repairs or wait months to sell your as-is house.
Sell Your House Fast With Velocity Home Buyers
At Velocity Home Buyers, we are home buyers who buy houses in St. Louis and the surrounding areas. We will make you a fair, all-cash offer on your house as-is and close on the date of your choice. You won’t have to make any repairs or wait months to sell your as-is house.
We are professional, local, and easy to work with. If you need to sell your as-is house fast, give us a call today or fill out our online form to get started.